Selling an NFT
Below is the process for selling a $BOOBIES NFT.
Step 01: Ask if there are any open positions
Before making $BOOBIES nft art, please contact the dev on Telegram to ask if there are any open slots for nfts. You may be asked to contact the dev outside of Telegram for authenticity purposes.
Step 02: Select a sales category
If there is an available position, then please decide on which category you would like to sell under:
Category A
A price for the art is negotiated in Step 04, and the developer purchases the art from the seller beforehand using funds from the development wallet. A single NFT can be made from the art, and there are no further proceeds to the original artist.
When a sale is made from art purchased under category A, the distribution is as follows:
- .1 SOL worth of $BOOBIES tokens goes towards the development wallet used to make NFTs and buy more art
- 50% of the remaining $BOOBIES tokens will get sold as SOL and used towards the marketing wallet for SOL trending.
- 50% of the remaining $BOOBIES tokens will be burned shortly after the sale.
Category B
The developer collaborates with the artist to obtain the art used to make the NFT, but the developer does not purchase or own the art. The developer mints a single NFT using the submitted art, and proceeds from the sale are sent towards the artist if a sale is made.
When a sale is made from art purchased under category B, the distribution is as follows:
- .1 SOL worth of $BOOBIES tokens goes towards the development wallet used to make NFTs and buy more art
- 33% of the remaining $BOOBIES tokens will be sold to USDC and used to pay the artist
- 33% of the remaining $BOOBIES tokens will get sold as SOL and used towards the marketing wallet for SOL trending.
- 33% of the remaining $BOOBIES tokens will be burned shortly after the sale.
The developer then owns the art after the sale is made, but cannot use the art to mint any new NFTs.
Important Note for Sellers of Category B- Category B does have a higher collaborator distribution than Category A, but is inherently risker due to no up front payment for the art. There will always be a chance of your NFT not selling. If you are worried about this, then you can bring exposure to $BOOBIES to get someone to buy your art!
Once your NFT has been sold either under Category A or Category B, the art used to make the original NFT will not be used to make any other NFTs. If you would like to sell more NFTs, then you will need to start the submission process over again and send more art!
After you have chosen your category and it has been confirmed by the dev that there are open slots, proceed to step 03.
Step 03: Create your $BOOBIES Art
Create a $BOOBIES NFT art that investors will want to buy! You decide on the lighting, clothing, background, hair style, etc. This NFT is all about you! You will only need to send the picture, and not the actual NFT.
- Art used for $BOOBIES NFT must adhere to the following guidelines:
- Must be female (sorry boys)
- Must be original content
- Must be a clear (such as the sky, ocean, backdrop) or solid background
- Must not contain anyone else in the picture other than you, unless they are also willingly participating in $BOOBIES NFT program and are also showing $BOOBIES
- May not contain nudity or graphic content
- Pasties are accepted but you must not show nipples
- Picture must be taken in a well-lit area and not contain shadows.
- No bathroom selfies
- Must be in .jpg or .png format
Step 04: Create and send your proposal
Your proposal requires several things:
- Permission to use your art to mint a single NFT (1 time only)
- Permission to use your art in Telegram or for $BOOBIES marketing purposes (unlimited)
- Art that follows the guidelines above
- Your proposed category:
- For category A tokens, send a price proposal for your art. Keep in mind you will not receive a payout after the sale if your art is sold through category A.
- For category B tokens, send a price proposal for your NFT (not your art). Keep in mind the distributions above. If you wish to sell your NFT for a higher price than the minimum of $50, then you must explain your reasonining to the developer.
- For reference, a category B token sold at $50 worth of $BOOBIES tokens at a SOL price of $150, would net a payout around $12.
- That same token at a sale price of $200 under the same conditions would net a payout around $62.
Once you have created your proposal for the NFT, send your art along with your proposal as a Direct Message to the $BOOBIES developer on Telegram.
Keep in mind that for both categories, the minimum sale price for NFTs will be $50 worth in $BOOBIES tokens.
Your art must be submitted along with the proposal above for both categories of tokens.
If your proposal is rejected, then you may submit a new proposal.
Step 05: Wait for your art to be added to the collection
After you have submitted your NFT art, you may have to wait some time for it to be added to the BOOBIES NFT collection. NFT content is done in batches for collections, and you may have to wait a little while until your NFT goes live.
Once your NFT is live, then it will remain as part of the $BOOBIES collection until it is sold and will not be taken down for any reason.
Step 06: Bring exposure to your NFT.
Remember that all NFTs will be paid for in $BOOBIES. Work for the $BOOBIES ecosystem to bring exposure to your NFT and get it sold. Once you have a buyer, tell them to contact the dev on telegram to get it sold!
Step 07: Rejoice!
After your NFT is sold to the buyer, the dev in Telegram will contact you and send your proceeds.